| Description: 7340093 |
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Prime Ridgewood location! 297 Saint Nicholas Ave is a 4-story mixed-use investment property featuring approximately 7,260 SF, 7 residential units and 2 commercial units. All residential units are free market, providing diversified residential and commercial income. Approx. 22'' x 80'' building on a 22'' x 91'' lot. Established Ridgewood/Bushwick location with convenient access to the L and M subway lines, local amenities, and Manhattan. Asking $3,300,000. Approx. 6.1% cap rate based on current income and expenses. Excellent opportunity for investors seeking a mixed-use property with multiple income streams and long-term potential. |
Details: |
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Property Type: |
Commercial |
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Built: |
1930 |
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School District: |
Queens 24 |
Financials: |
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Price: |
$3,300,000 |
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Taxes: |
$30,097 |
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